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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Save now pay later startups are looking to make money by getting young Indians to save up for future expenses, but will the fad last?
The Indian middle class is good at saving money. The need to spend cautiously is after all instilled into people from an early age. But, today, ambition is driving young Indians towards credit, particularly personal loans and buy now pay later, or BNPL, schemes. Their eagerness to live the good life has now given some entrepreneurs a new business opportunity.
A number of new fintech companies have emerged to compete with BNPL players and reverse-engineer their pitch. Under BNPL, consumers get short-term loans to meet their immediate needs. Save now pay later schemes, on the other hand, intend to incentivize …
A local fintech deal to consolidate operations, feedback on Saudi Arabia’s proposed IPO rules, and Ras Al Khaimah’s casino economy.
The newly announced levy on UPI payments undermines the very foundation of using digital payments for stock market investing. Brokers are in a tizzy.
The most valuable Mideast fintech is expanding beyond buy-now, pay-later into financial services across Saudi Arabia and the UAE.
